Inside the First Cannabis Company to List on Nasdaq
Cronos Group started trading on the Nasdaq Tuesday. The vertically integrated company became the first marijuana company to join a major exchange in the United States. The company's CEO Mike Gorenstein explains how Cronos is capitalizing on the emerging market in Canada.
"Entering the U.S. market is really big for us," said Gorenstein. "It continues to show the acceptance the Cannabis industry is getting, and the recognition of how important Cannabis can be."
Cronos Group fully owns two subsidiary companies Peace Naturals and Original BC (OGBC), with partial stake in Whistler Medical Marijuana Company.
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Scott Wren, senior global market strategist with Wells Fargo Investment Institute, joined Cheddar News to discuss Monday's market trading as earnings continue to trickle in and ahead of a Federal Reserve meeting next week.
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Longtime CNN host Don Lemon is out at the cable news network a little over two months after apologizing to viewers for on-air comments about Republican presidential candidate Nikki Haley, CNN announced Monday.
